Bourse Direct SA (BSD) — Capital Reinvestment Ratio
Bourse Direct SA (BSD) has a Capital Reinvestment Ratio of 0.13x as of June 2026, meaning it reinvests 0% of its operating cash flow (€11.40 Million) in capital expenditures (€1.53 Million). Check Bourse Direct SA tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Bourse Direct SA Capital Reinvestment Ratio (2004–2025)
This chart tracks Bourse Direct SA's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see BSD operating cash flow.
Annual Capital Reinvestment Ratio for Bourse Direct SA (2004–2025)
Year-by-year Capital Reinvestment Ratio for Bourse Direct SA from 2004 to 2025. See Bourse Direct SA (BSD) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | €19.73 Million | €3.76 Million | ▼ -11.9% |
| 2024 | 0.22x | €20.78 Million | €4.50 Million | ▲ +145.0% |
| 2023 | 0.09x | €23.18 Million | €2.05 Million | ▼ -66.0% |
| 2022 | 0.26x | €12.76 Million | €3.32 Million | ▲ +104.8% |
| 2020 | 0.13x | €14.95 Million | €1.90 Million | ▼ -93.1% |
| 2019 | 1.83x | €983.62K | €1.80 Million | ▼ -81.6% |
| 2018 | 9.95x | €278.19K | €2.77 Million | ▲ +3553.7% |
| 2017 | 0.27x | €8.70 Million | €2.37 Million | ▼ -20.7% |
| 2016 | 0.34x | €2.44 Million | €837.80K | ▼ -53.6% |
| 2015 | 0.74x | €3.71 Million | €2.74 Million | ▲ +102.0% |
| 2014 | 0.37x | €6.71 Million | €2.46 Million | ▲ +0.0% |
| 2013 | 0.37x | €6.71 Million | €2.46 Million | ▲ +212.1% |
| 2007 | 0.12x | €4.64 Million | €544.00K | ▲ +21.3% |
| 2006 | 0.10x | €82.85 Million | €8.01 Million | ▼ -67.7% |
| 2005 | 0.30x | €4.13 Million | €1.24 Million | ▲ +3172.7% |
| 2004 | 0.01x | €31.36 Million | €287.00K | — |